7, TEMPLE CLOSE, ALFORD, LN13 0PT - £147,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 TEMPLE CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £198,707. It was last sold for £147,000 in May 2016, which was around 25% below the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

7 TEMPLE CLOSE Sold Prices

Land registry data shows two sales for 7 TEMPLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 7 TEMPLE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 9 MAY	£147,000	£194,717	25% below HPI
2011 3 MAY	£129,950	£167,784	23% below HPI

7 TEMPLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 7 TEMPLE CLOSE sales from May 2011 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 TEMPLE CLOSE be worth now?

7 TEMPLE CLOSE might now be worth an estimated £198,707.

This is based on house price inflation of 35.2%, between May 2016 and June 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 7 TEMPLE CLOSE of £147,000 on 9th May 2016. For the value to have increased from £147,000 to £198,707 over the eight years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 TEMPLE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2016 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TEMPLE CLOSE has not materially changed since May 2016.

How Large is 7 TEMPLE CLOSE?

7 TEMPLE CLOSE is 64m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses houses in Alford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alford, and where 7 TEMPLE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 7 TEMPLE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Alford.

7 TEMPLE CLOSE: Plot and Title Map

7 TEMPLE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 7 TEMPLE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 TEMPLE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 TEMPLE CLOSE?

7 TEMPLE CLOSE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 7 on TEMPLE CLOSE.